The global surge arrester market is expected to reach US$ 1.5 billion in 2021, representing a 4.1% year-on-year increase. Surge arrester sales are expected to grow at a 5.0% compound annual growth rate and reach US$ 2.6 billion by 2032. Rising global energy demand, rapid industrialization, and improved urban infrastructure are all factors driving growth. …
Category Archives: Industrial News
Softgel Encapsulation Machine Market is Expected to Grow at a CAGR of 4.3% from 2022 to 2032| Future Market Insights, Inc.
The global softgel encapsulation machine market is anticipated to develop at a CAGR of 4.3% from 2022 to 2032, reaching US$ 104.5 million in 2022. By 2032, the market is anticipated to be valued US$ 159.6 million. The output of softgel capsules is anticipated to rise as a result of improvements in technology, manufacturing processes, …
Expansion Valves Market is Expected to Reach a Strong 4.2% CAGR during Forecast 2023 to 2033, Get Insights FMI
At a CAGR of 4.2%, the expansion valves market is expected to reach US$ 17.4 billion in 2033, up from US$ 11.5 billion in 2023. Expansion Valves are commonly used in refrigeration and air conditioning systems to modulate the flow of refrigerants. This enables more precise superheating control while also increasing compressor efficiency. By preventing …
North America Pressure Regulating Valves Market is Projected to Register a CAGR of 5.1% during Forecast 2022 to 2032 | Report by FMI
According to Future Market Insights, the North America Pressure Regulating Valves Market will be worth US$ 782.9 million in 2022 and will grow at a 5.1% CAGR from 2022 to 2032. The region’s growing population and the rising needs of expanding residential construction are two of the primary factors that have seen growth during the …
Laser Cutting Machine Market Expected to Grow at a CAGR of 5.8% during the Forecast Period 2022 to 2032
The Global Laser Cutting Machine Market will reach US$ 3,386.4 Million in 2022, growing at a 5.8% CAGR from 2022 to 2032, according to Future Market Insights. Laser cutting has emerged as a versatile, cost-effective method for many applications that delivers extremely high precision when compared to traditional cutting methods. Laser cutting machines are used …
Global Palletizing Systems Market to Surpass a Valuation of US$ 3,412.6 Million during Forecast 2022 to 2032 | Says Future Market Insights, Inc.
In 2022, the global palletizing systems market is expected to be worth US$ 2,134.1 million. With a CAGR of 4.8%, the market is expected to be worth US$ 3,412.6 million by 2032. Palletizing systems are machines that help with the automatic assembly of palletized goods. A palletizer is a machine that organizes, aligns and packs …
U.S. Commercial Walk-In Refrigeration Market valued at US$ 1,298.1 Million in 2022 and expected to reach US$ 1,980.1 Million by 2032 | Future Market Insights, Inc.
According to Future Market Insights, the U.S. Commercial Walk-In Refrigeration Market is expected to reach US$ 1,298.1 Million in 2022 and grow at a CAGR of 4.3% from 2022 to 2032. Commercial walk-in refrigeration includes coolers and freezers used to chill or freeze food, beverages, pharmaceuticals, and other perishable goods. These enclosed cold storage rooms …
Global Extrusion Equipment Market to grow at a CAGR of 5.3% during Forecast 2022 to 2032, Get Insights FMI
The global extrusion equipment market is expected to be worth US$ 8764.6 million by 2032, growing at a 5.3% CAGR. The target market is expected to be worth US$ 52437 million in 2022. Increasing manufacturing investment, as well as rising extrusion product demand, will propel the extrusion equipment market forward during the forecast period. Extrusion …
Industrial Fuel Filters Market Is Expected To See a growth of 5.1% CAGR by 2032 | FMI Study
The global industrial fuel filter market is expected to be worth US$ 476.8 million in 2022, rising to US$ 784.3 million by 2032. The market is expected to grow at a CAGR of 5.1% during the forecast period. Prior to that, from 2016 to 2017, the historical market returned 4.5%. The use of industrial fuel …
Material Handling Equipment Market is Expected to Reach a Strong Valuation of US$ 52,342.6 Million by 2032 | Says Future Market Insights, Inc.
According to Future Market Insights, the global Material Handling Equipment market will be worth US$ 213.35 billion in 2022. The global Material Handling Equipment market is expected to grow at a 5.7% CAGR between 2022 and 2032, according to FMI. According to a new FMI analysis, Material Handling Equipment sales will increase between 2022 and …